£233,123
This estimated value is based upon the latest sale price for the house of £190,000 on 23 Sep 2019. This value is then adjusted by the current Official House Price Index for SURREY 1
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5 Madrid Road, Guilford, GU2 8BN
Phone: 01483665173
| Price Paid | Date |
|---|---|
| £190,000 | 23 Sep 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 34 sq meters or 365 sq feet |
This model uses changes in the Official Land Registry House Price Index for SURREY to estimate the market value.
When this house was purchased in September 2019 the House Price Index for SURREY was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £190,000 results in an estimated price of approximately £233,123.
| 23 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £190,000 | £43,123 | £233,123 |
The Postcode Pricing Model uses changes in average sales price within the GU7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -5.212 % | £-9,903 | £180,096 |
| 3 Month Average | 22.373 % | £42,509 | £232,509 |
| 6 Month Average | 31.592 % | £60,023 | £250,023 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £375,560 | £370,000 | 17 TANNER HOUSE FLAMBARD WAY |
| 15 Aug 2022 | £229,383 | £230,000 | FLAT 10 MAGNA RIVERSIDE FLAMBARD WAY |
| 26 Jun 2021 | £1,276,780 | £1,190,000 | LEA HOUSE BRIDGE ROAD |
| 3 Dec 2020 | £665,674 | £580,000 | 10 COTTAGE WALK |
| 27 Nov 2020 | £260,855 | £225,000 | FLAT 2 2 BRIDGE STREET |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 12 Aug 2019. Using an estimated price of £233,123 means this house is valued at £6,856 per sq meter (£636 per sq foot).
The average size of a house on FLAMBARD WAY is 67 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Bridge Road | |
| Mar 2024 | Anti-social behaviour | On or near Bridge Road | |
| Mar 2024 | Anti-social behaviour | On or near Bridge Road | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bridge Road |
| Feb 2024 | Anti-social behaviour | On or near Bridge Road |